Real Estate News
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Homecorp secures ANZ to fund Gold Coast build-to-rent project
As the Gold Coast experiences one of the tightest rental markets in its history, construction has started on the city’s first dedicated build-to-rent project, with Homecorp Property Group securing ANZ as senior funder.
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Andy Reid handed the hammer for Good Friday Appeal charity auction
After 13 years at the helm of the annual Good Friday Appeal Charity Home auction, Real Estate Institute of Victoria’s Master Auctioneer and four-time winner of the institute’s Senior Auctioneering competition Adrian Butera is handing over the hammer.
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Video of the week – Chip off the old block
Noel Jones Real Estate recently listed a century-old Melbourne terrace house at 438 Lygon Street, at Carlton, which is in need of some TLC, but rather than hide from the fact, the agency has decided to give a warts-and-all video tour with a tongue-in-cheek nod to The Block.
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Ocean Grove home sells for $123k above reserve in Openn Negotiation
Online sales methods are still a relatively new concept for buyers in Victoria’s Ocean Grove market but a recent sale in the area attained $123,000 above its reserve price after listing through Openn Negotiation.
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CoreLogic report shows more gain than pain for resales in December quarter
There was an increase in the profitability of Australian real estate in the three months to December 2020, with almost 90 per cent of sales resulting in a gain, according to the latest CoreLogic Pain and Gain quarterly report.
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Forms Live commits to Victorian Rental Tenancies Act updates
Forms Live - Victoria's most experienced provider of online digital forms to the real estate industry - has confirmed its property management forms and contracts have been updated and will be compliant with the changes to the Victorian Rental Tenancies Act that come into effect on Monday, March 29.
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Better Homes and Gardens grows QLD presence with Beerwah office
After launching the first Queensland-based Better Homes and Gardens Real Estate office in November 2019, Danelle Wiseman and Jonathan Pattinson have opened their second office in the Beerwah, in the Sunshine Coast hinterland.
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Eview Group’s Melbourne growth continues
Eview Group's mammoth growth continues, as the network expands their reach across the North Melbourne property market with the addition of a new brand.
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UrbanX marks the spot for Gavin Croft’s latest role
Experienced real estate industry executive Gavin Croft has been appointed Director of Growth at UrbanX, a support platform for high-performance agents wanting to create their own brands.
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Seeds of change at Barry Plant as group announces new leadership team
After 18 Years at the helm of The Barry Plant Group, Mike McCarthy is stepping aside from the role and CEO and will be handing the reins to Nigel O’Neil, current Head of Strategic Growth.
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Nerida Conisbee to join Ray White as the group’s first Chief Economist
Ray White has announced the appointment of its first ever Chief Economist, with Nerida Conisbee set to start in the newly created role in June.
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The Agency announces appointment of Geoff Lucas as Group CEO
The Agency has just announced the appointment of Geoff Lucas as Group CEO, with the highly experienced industry executive set to start the new role March 29.
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First National recognises best in the west at WA 2020 GEM Awards
First National Real Estate’s Western Australia agents have been recognised for their achievements, with the network holding its WA 2020 General Excellence and Marketing Awards at Crown Perth on Friday night.
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REIWA welcomes end of moratorium on evictions and rental price increases
The Real Estate Institute of Western Australia has welcomed the looming end of the WA Government’s moratorium on evictions and rent price increases, with the Residential Tenancies (COVID-19 Response) Act 2020 due to expire on Sunday.
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Homely aligns with the Professionals for 12-month sponsorship agreement
Industry-backed real estate portal Homely.com.au has announced its latest sponsorship deal after signing an agreement with the Professionals Real Estate Group.
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The Agency announces national expansion into commercial property sector
The Agency has announced further expansion to its product offering with the launch of a new national commercial division.
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Report finds inconsistent tenancy laws are making life harder for domestic violence victims
A newly released report authored by the University of South Australia has found inconsistent tenancy laws across the country are making it difficult for women and children experiencing family violence to leave unsafe domestic environments and find new housing.
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Auction volume rising, clearance rate holds firm
It’s been the busiest auction week since April last year, and volume is set to increase again, with CoreLogic tipping a three-year auction volume high next Saturday when 3800 properties are slated to go under the hammer. Key auction market points Busiest week since April last yearPreliminary clearance rate: 82 per centSevere weather did little to impact Sydney marketSydney now…
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The factors contributing to Adelaide’s property boom
A combination of historic low interest rates, comparative real estate affordability and South Australians returning from interstate and overseas are proving central factors in Adelaide's huge rise in property values over the past year, a leading South Australian property expert says.
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REIA announces sponsorship agreement with realestate.com.au
The Real Estate Institute of Australia has announced a new sponsorship agreement with the nation’s biggest property portal, realestate.com.au.
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New Zealand’s Don Ha Project Sales wins global RE/MAX awards
New Zealand’s Don Ha Project Sales is continuing to make its mark on the global real estate stage, winning three awards announced at RE/MAX Global headquarters this month.
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Laing+Simmons reveals new board
Following January’s purchase of Laing+Simmons Corporation by a partnership that includes members of the head office team and some of the network’s best-known principles, a new Board has been announced to lead the business through its next phase of growth.
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REA Group appoints Chris Venter as Chief Technology Officer
REA Group has announced the appointment of Chris Venter to the role of Chief Technology Officer and a member of REA’s executive leadership team.
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Property Council campaign aims to make Fridays fab again in Melbourne
The Property Council has called on Melbourne’s business community and the Victorian Government to rally around 'Fab Fridays'.
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Tom Cruise selling Colorado mountain retreat
Tom Cruise fans in the hunt for a slice of the Mission: Impossible star’s property portfolio are in luck, with the actor putting his 130-hectare ranch in Telluride, Colorado, on the market for the first time.
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How working for himself changed Clinton Eastell’s life
There's been a bit of a debate around the rise of small-business, self-branded agents who are shunning the large-franchise model and, instead, striking out on their own.
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Know your Territory: Getting your listing right can make a big difference in Canberra
With Canberra house prices setting a new record high and unit prices also edging their way towards a new peak, many potential sellers appear to be changing gear.
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YAMBA Realty Group joins Eview in QLD
Australia's first multi-brand real estate network, Eview Group, has continued its growth across the Sunshine State, with the company securing its 11th agency in Queensland in just over 12 months.
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Riskwise warns of possible credit restrictions to cool housing market
According to RiskWise Property Research, there is a possibility that regulators could introduce credit restrictions later this year in an attempt to slow down Australia’s booming housing market.
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Australia second-most-popular offshore destination for Asian property investors
Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the world, it has not dampened enthusiasm for overseas real estate.
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REINSW vacancy survey shows rental market remains unpredictable
The results of the latest REINSW Vacancy Rate Survey show that the rental market across the state remains unpredictable.
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Heidi Howe of Harcourts St Helens named winner of Transform 2021
Heidi Howe, Director and property representative of Harcourts St Helen’s office, in Tasmania, has been named the winner of Elite Agent’s Transform challenge for 2021.
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Future looks bright for Eview Group in Queensland as Park Real Estate joins network on Sunshine Coast
Real estate powerhouse Eview Group is continuing to assert its serviceability across the Sunshine Coast, as the national network's Queensland sector continues to flourish, with Park Real Estate the latest agency to join.
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Fraser Coast’s Sprake Real Estate joins LJ Hooker after 83 years as an independent
After 83 years operating as an independent real estate business, Sprake Real Estate, on Queensland’s Fraser Coast, has rebranded and joined the LJ Hooker Group.
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Time to shine for Byron and Mudgee as First National NSW announces 2020 GEM winners
First National Real Estate’s New South Wales agents have been recognised for their achievements, with the network holding its 2020 General Excellence and Marketing (GEM) Awards at Hyatt Regency Sydney on Saturday night.
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